Using Your Home Equity for Other Goals Lawrence MA

Your home equity is the current value of your home less what you still owe on it. For example, if your home is valued at $250,000 and your outstanding mortgage is $120,000, your equity is $130,000. The equity you have built in your home can be a valuable source of financing. You can borrow against it to pay for your child's tuition, purchase an investment portfolio, pay for large-scale home renovations, or buy an income property. In some instances, the interest may even ...

Local Companies

Omnify Software
978-988-3800
10 New England Business Center Drive
Andover, MA
First Call Mortgage Company
603-247-2885
100 Brickstone Square
Andover, MA
Pro Loan Finders, LLC
800-460-4158
39 Samoset
Salem, NH
First Eagle Mortgage
978-777-7767
44 Maple Street
Danvers, MA
Coast To Coast Mortgage, Inc.
888-282-6700
12 Alfred Street Suite 320
Woburn, MA
A Smarter Way To Refinance
603-233-3035
229 Lund Rd
Nashua, NH
Countrywide Bank
(781)8588877
5 Long Meadow Road
Westford, MA
New FED Mortgage Corp
781-241-1225
1711 Broadway
Saugus, MA
New FED Mortgage Corp
781-241-1225
1711 Broadway
Saugus, MA
Leader Mortgage Company, Inc.
(781)6487900
180 Massachusetts Avenue
Arlington, MA

Your home equity is the current value of your home less what you still owe on it. For example, if your home is valued at $250,000 and your outstanding mortgage is $120,000, your equity is $130,000.

The equity you have built in your home can be a valuable source of financing. You can borrow against it to pay for your child’s tuition, purchase an investment portfolio, pay for large-scale home renovations, or buy an income property. In some instances, the interest may even be tax-deductible.

Your tax advisor and mortgage specialist can help you decide whether it makes financial sense to tap into your home’s equity.

This article was provided by ScotiaBank. Let us help you get the upper hand on your home financing. Visit scotiabank.com/upperhand for great tips, calculators and more. Want to get more information on your home-related financing goals by email? Sign up here.

Read article at HomeRenovationGuide.com

Featured Local Company

Omnify Software

Omnify Software is a leading provider of Product Lifecycle Management (PLM) solutions

978-988-3800
10 New England Business Center Drive
Andover, MA
www.omnifysoft.com

Omnify Software provides a solution to help manufacturers manage their product data from concept to obsolescence in a cohesive environment. Omnify supplies a single, secure location to manage all of the essential information for designing, manufacturing and supporting your products and enhance visibility into all aspects of product development.
• Product Record Management
• Bill of Materials (BOM) Management
• Engineering Change Management
• Documentation Management
• Project Management
• Quality/CAPA Management
• Training Requirements Management

Omnify automates your manual development processes and alleviates common issues with data duplication, data integrity, scrap, and rework. You can electronically manage and process all related changes and revisions of items in the Omnify system such as:
• New Part Requests
• Formal Change Orders (ECR, ECO, ECN)
• Document Revisions
• ERP System Uploads/Updates


Our business-ready technology is quick to implement, easy to use and offers an environment that can be easily customized to meet a company’s specific needs and enable easy transition from legacy practices. Omnify leverages an organization’s existing systems for quick implementation without interruption in current processes. Our open technology platform provides, direct interfaces with:
• Engineering Environments (CAD/CAE tools)
• Manufacturing Environments (ERP/MRP/CRM)



Related Local Event
Urban Land Institute Spring Council Forum
Dates: 4/14/2010 - 4/16/2010
Location: John B. Hynes Veterans Memorial Convention Center
Boston, MA
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History